57,906 Shares in T. Rowe Price Blue Chip Growth ETF $TCHP Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 57,906 shares of the company’s stock, valued at approximately $2,551,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. bought a new stake in T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at $104,521,000. Mars Jewett Financial Group Inc. bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth $18,545,000. Cetera Investment Advisers grew its holdings in T. Rowe Price Blue Chip Growth ETF by 9.8% in the 1st quarter. Cetera Investment Advisers now owns 3,921,510 shares of the company’s stock worth $173,252,000 after acquiring an additional 350,571 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in T. Rowe Price Blue Chip Growth ETF by 16.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,760,001 shares of the company’s stock worth $87,754,000 after acquiring an additional 250,000 shares during the last quarter. Finally, &PARTNERS increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 1,126.6% in the fourth quarter. &PARTNERS now owns 236,866 shares of the company’s stock valued at $11,810,000 after acquiring an additional 217,556 shares during the period.

T. Rowe Price Blue Chip Growth ETF Trading Up 1.5%

Shares of NYSEARCA:TCHP opened at $48.83 on Friday. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 37.14 and a beta of 1.20. The company has a 50-day moving average price of $49.98 and a 200-day moving average price of $48.63. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $42.26 and a 12 month high of $53.26.

T. Rowe Price Blue Chip Growth ETF Company Profile

The T. Rowe Price Blue Chip Growth ETF (TCHP) is an exchange-traded fund that is based on the Russell 1000 Growth index. The ETF currently has 291.89m in AUM and 78 holdings. TCHP is an actively-managed, non-transparent fund that focus on companies with potential for above-average growth TCHP was launched on Aug 4, 2020 and is managed by T. Rowe Price.